Japans Toshiba Suspends Acceptance Of New Orders, Investments In Russia – Statement

TOKYO (UrduPoint News / Sputnik – twentieth April, 2022) Japanese electronics large Toshiba Corporation introduced the suspension of latest orders and investments in Russia in mild of occasions in Ukraine.

“In response to the situation in Ukraine, Toshiba group will donate a total of 100 million Yen ($774,000) to the United Nations High Commissioner for Refugees(UNHCR) and Japan Platform, a non-profit organization, to provide humanitarian aid to those affected,” Toshiba mentioned in an announcement.

“In addition, Toshiba Group has suspended order taking and investments in Russia. We will continue to monitor the situation, and strongly hope for an early end to the conflict,” it mentioned.

Russia launched a particular army operation in Ukraine on February 24 in response to calls from the Donetsk and Lugansk individuals’s republics for cover in opposition to intensifying assaults by Ukrainian troops. The Russian Defense Ministry mentioned the particular operation, which targets Ukrainian army infrastructure, goals to “demilitarize and denazify” Ukraine. Moscow has mentioned it has no plans to occupy Ukraine. Western nations have imposed quite a few sanctions on Russia.

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